Premier Gold (PG.to) has just explained how it’s covering the purchase price of the Mercedes mine from Marrone’s crew. Here’s the quote from the PG CFO, you job to decide how it should have finished:
“With positive cash flow expected during the second half of this year we
expect Premier’s financial position will continue to strengthen as we
progress toward 2017.”
1) Because it couldn’t be much weaker right now.
2) If not who cares? It’s not as if I own many shares.
3) Relax dude, gold’s going up anyway.